💨 Abstract

Samsung and LG, South Korean home appliance manufacturers, are considering shifting production from their Mexican plants to the U.S., due to potential 25% import duties on goods from Canada and Mexico announced by President Trump. Samsung is considering transferring dryer manufacturing from Mexico to South Carolina, while LG may move refrigerator production from Mexico to Tennessee. Both companies plan to adapt to market changes by adjusting their production systems and sites.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖